9Periodic licence fees

9 Periodic licence fees

9 Periodic licence fees

(1) The periodic licence fee for a licence is the sum of the following elements—

(a) the base fee element (determined and adjusted under clause 10),

(b) the compliance history risk loading element (determined under clause 11),

(c) the trading hours risk loading element (determined under clause 12),

(d) (Repealed)

(e) the patron capacity loading element (determined under clause 14), which is payable only if a compliance history risk loading element is payable.

(2) Despite subclause (1), the periodic licence fee for a part year licence is only the base fee element (determined under clause 10), reduced as follows—

(a) if the part year licence is granted on or after 16 March but not later than 15 June—by 25%,

(b) if the part year licence is granted on or after 16 June but not later than 15 September—by 50%,

(c) if the part year licence is granted on or after 16 September but not later than 15 December—by 75%.

(3) A periodic licence fee is not payable in respect of a part year licence granted on or after 16 December in an assessment year.

(4) Subclauses (2) and (3) take effect on and from 16 March 2019.

cl 9: Am 2023 No 53, Sch 3[3].